ONE Gas, Inc. (OGS)
In fiscal 2025 capital spending exceeded operating cash flow by $128.4M. At September 30, 2026 it held $7.3M in cash against $2.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 3, 2026.
Key facts about ONE Gas, Inc.
- Net worth
- ONE Gas, Inc. has a market value (market cap) of $5.2B at the latest share price, and shareholders' equity of $3.5B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2022 revenue was $2.6B (+42.5% year on year), with net income of $221.7M.
- Cash flow
- In fiscal 2025 operations brought in $578.8M of cash; after $707.2M of capital spending, free cash flow was -$128.4M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 3, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- ONE Gas, Inc.'s next report is expected around February 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- ONE Gas, Inc. declared dividends of $2.68 per share in fiscal 2025, a yield of 3.27% at the current price.
What ONE Gas, Inc. does
ONE Gas, Inc. is registered with the SEC under industry code SIC 4924 (Natural Gas Distribution). Its shares trade on NYSE under the ticker OGS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | $264.2M | $4.37 | -$128.4M |
| 2023 | n/a | $222.9M | $3.91 | -$334.8M |
| 2023 | n/a | $231.2M | $4.14 | $272.9M |
| 2022 | $2.6B | $221.7M | $4.08 | $961.4M |
| 2021 | $1.8B | $206.4M | $3.85 | -$2B |
| 2020 | $1.5B | $196.4M | $3.68 | -$106.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Dividends
ONE Gas, Inc. declared $2.68 per share in fiscal 2025. At the current price that is a yield of 3.27%. It paid out $160.7M in cash dividends, 61% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.68 | $160.7M | 61% |
| 2023 | $2.64 | $149.5M | 67% |
| 2023 | $2.60 | $144.1M | 62% |
| 2022 | $2.48 | $134M | 60% |
| 2021 | $2.32 | $123.9M | 60% |
| 2020 | $2.16 | $114.4M | 58% |
Latest SEC filings
What ONE Gas, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026
- November 2, 2026
- October 27, 2026Passive stake changed SCHEDULE 13G/A
- September 29, 2026
- September 25, 2026
- September 8, 2026
- August 13, 2026
- August 7, 2026Passive stake (5% or more) SCHEDULE 13G
- August 5, 2026
- August 4, 2026
Insider trades
What the people running ONE Gas, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 9, 2026 | McCormick Joseph LSee Remarks | Exercised options | 1,273 | $96.7K |
| June 9, 2026 | McCormick Joseph LSee Remarks | Shares withheld for tax | 558 | $42.4K |
| June 9, 2026 | McCormick Joseph LSee Remarks | Exercised options | 1,230 | $93.5K |
| June 9, 2026 | McCormick Joseph LSee Remarks | Shares withheld for tax | 539 | $41K |
| June 9, 2026 | McCormick Joseph LSee Remarks | Exercised options | 825 | $62.7K |
| June 9, 2026 | McCormick Joseph LSee Remarks | Shares withheld for tax | 362 | $27.5K |
| June 3, 2026 | Moore Pattye LDirector | Exercised options | 5,638 | $436.8K |
| June 3, 2026 | Gibson John WilliamDirector | Exercised options | 19,976 | $1.5M |
Who owns OGS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| BlackRock, Inc.13G, passive | 13.8% | October 27, 2026 |
| Vanguard Portfolio Management13G, passive | 5.76% | April 29, 2026 |
| American Century Investment Management, Inc.13G, passive with 2 related filers | 5.4% | May 1, 2026 |
| Vanguard Capital Management13G, passive | 5.19% | April 30, 2026 |
Largest institutional holders
Insiders
14 insiders reported holding 668,057 shares in total, about $54.8M at the last price.
| Holder | Shares |
|---|---|
| Gibson John WilliamDirector | 292,670 |
| Dinan CurtisSee Remarks | 141,263 |
| McCormick Joseph LSee Remarks | 76,775 |
| McAnnally Robert S.See Remarks, Director | 56,005 |
| Bender Mark A.See Remarks | 28,582 |
| Hutchinson Michael GDirector | 16,331 |
| Rodriguez Eduardo ADirector | 14,637 |
| Hart Tracy EDirector | 11,302 |
| Shortridge William KentSee Remarks | 11,300 |
| Moore Pattye LDirector | 6,088 |
Questions about OGS
What does ONE Gas, Inc. do?
ONE Gas, Inc. is a company in the Utilities sector, listed on NYSE as OGS. Its shares trade on NYSE under the ticker OGS.
What is ONE Gas, Inc.'s net worth?
ONE Gas, Inc. has a market value (market cap) of $5.2B at the latest share price, and shareholders' equity of $3.5B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is ONE Gas, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $293M.
When did ONE Gas, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 3, 2026. It covers the period to September 30, 2026.
When is ONE Gas, Inc.'s next earnings report?
ONE Gas, Inc.'s next report is expected around February 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does ONE Gas, Inc. pay a dividend?
Yes. ONE Gas, Inc. declared dividends of $2.68 per share in fiscal 2025, a yield of 3.27% at the current price.
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Where the numbers come from
Financial figures are the values ONE Gas, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.